A place where buds can come together and hang out, chill, play video games, eat junk food, and have a generally AWESOME, budtastic time. Not to be confused with bud hole or associated with weed or marijuana in any way.

Stu: "Hay man! What are you doing?"
Brian: "Nothing! What do you think?"
Stu: "Oh! Sounds boring, wanna come over and Chill in my Budhole? I have Pizza and Gears of War 4!!!"
Stu: "SWEEET! That sounds badass I'd love to see your Budhole!!"